3M CoMMM +1.40%70 EV-to-EBITDA is 15.22 as of Jul. 12, 2026, which is 32% above its 10-year median of 11.57. GuruFocus rates MMM with a GF Score™ of 70/100 and a GF Value™ of $138.47 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 478 Conglomerates companies, 3M Co ranks worse than 75.31% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 3M Co's enterprise value is $90,612 Mil.
3M Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $5,955 Mil. Therefore, 3M Co's EV-to-EBITDA for today is 15.22.
The historical rank and industry rank for 3M Co's EV-to-EBITDA or its related term are showing as below:
MMM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -19 Med: 11.57 Max: 28.15
Current: 15.22
During the past 13 years, the highest EV-to-EBITDA of 3M Co was 28.15. The lowest was -19.00. And the median was 11.57.
MMM's EV-to-EBITDA is ranked worse than 75.31% of 478
companies
in the Conglomerates industry
Industry Median: 8.795
vs MMM: 15.22
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-07-12), 3M Co's stock price is $157.52.
3M Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $5.190. Therefore, 3M Co's PE Ratio (TTM) for today is 30.35.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
3M Co (NYSE:MMM) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
3M Co's share price for today is $157.52.
3M Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.190.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for 3M Co's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Conglomerates subindustry, 3M Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
3M Co EV-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, 3M Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where 3M Co's EV-to-EBITDA falls into.
3M Co's current Enterprise Value is $90,612 Mil.
3M Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,955 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
3M Co (MMM) has a EV-to-EBITDA of 15.22 as of Jul. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on 3M Co. This is 32% above median its historical median of 11.57. According to the industry distribution chart, 3M Co ranks #360 out of 478 companies in the Conglomerates industry, placing it in the top 75.3%.
Is 3M Co's EV-to-EBITDA too high?
3M Co's current EV-to-EBITDA of 15.22 is 32% above median its 10-year median of 11.57. The Conglomerates industry median EV-to-EBITDA is 8.80. 3M Co's value of 15.22 is 73.1% above this industry median. Based on the distribution chart, 3M Co ranks #360 out of 478 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, 3M Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 3M Co's EV-to-EBITDA compare to HON and VMI?
According to the Conglomerates industry distribution chart, 3M Co ranks #360 out of 478 companies for EV-to-EBITDA. This places 3M Co in the lower half of its industry. The industry median EV-to-EBITDA is 8.80. 3M Co's value of 15.22 is 73.1% above this benchmark. While the company's 10-year median is 11.57 vs. the industry median of 8.80, 3M Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Conglomerates company?
The median EV-to-EBITDA among Conglomerates companies is 8.80, based on 478 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 3M Co's current EV-to-EBITDA of 15.22 is 73.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on 3M Co. For the Conglomerates industry, the median EV-to-EBITDA is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M Co's current EV-to-EBITDA is 15.22, which is 32% above median its own 10-year median of 11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M Co stock overvalued right now?
Based on GuruFocus' analysis, 3M Co (MMM) is currently considered Modestly Overvalued. The stock's GF Value™ is $138.47, compared to a current price of $157.52 — trading 13.8% above its estimated fair value. The current EV-to-EBITDA is 15.22, which is 32% above median its 10-year median of 11.57 and 73.1% above the Conglomerates industry median of 8.80. 3M Co's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For 3M Co (MMM), the current EV-to-EBITDA is 15.22 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is 3M Co (MMM) Overvalued in 2026?
Based on GuruFocus' analysis, 3M Co stock appears to be overvalued.
The current stock price of $157.52 is trading 13.8% above its estimated GF Value™ of $138.47.
GuruFocus considers 3M Co to be Modestly Overvalued.
Key valuation signals for MMM:
EV-to-EBITDA: 15.22 (32% above median its 10-year median of 11.57)
GF Value™: $138.47 vs. price of $157.52 (13.8% above fair value)
Industry Position: 73.1% above the Conglomerates median (#360 of 478)
No single metric tells the full story. See the MMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
70GF Score
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